Completed Developments : Ayr Racecourse

Ayr Racecourse Masterplan, Ayr

Dawn Developments and our joint venture partner, Thorntoun Estates jointly own Ayr Racecourse on a 50/50 basis.  Ayr Racecourse is Scotland’s premier racecourse and sits on some 140 acres of land. Since the purchase in 2003 we have invested in excess of £10M in improvements, including a new hotel, bars, restaurants, corporate suites, conference facilities, paddock and upgraded stables. In order to sustain this level of investment Dawn Developments undertook to increase the value of the subjects and to look at other commercial use for some of the unused land holdings. This saw the submission of a planning application for a mixed use development in 2005. Whilst the planning application was approved it was called in by the Scottish Executive. A Public Inquiry took place in November 2005 and approval of the scheme granted in May 2006. The consented scheme consists:

  • 35,000sqft retail
  • Multi-screen cinema
  • Hotel
  • 400 residential apartments
  • Improved stand facilities and entrance

Value: £35M

Completion: Active Project